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Kitengela the New Runda?
sparkly
#261 Posted : Tuesday, August 02, 2022 4:52:05 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
MugundaMan
#262 Posted : Wednesday, August 03, 2022 1:42:05 PM
Rank: Elder


Joined: 1/8/2018
Posts: 2,211
Location: DC (Dustbowl County)
sparkly
#263 Posted : Thursday, August 04, 2022 4:05:07 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi


Land is much cheaper in the county headquarters if you know your way around. This company secures land for investors at Kathwana
Life is short. Live passionately.
tony stark
#264 Posted : Friday, August 05, 2022 10:05:30 AM
Rank: Veteran


Joined: 7/8/2008
Posts: 947
Congratulations 🎉🎉🎉👏🏾👏🏾👏🏾👏🏾

My brother you have arrived. Wewe na elimu musk one side!

Laughing out loudly Laughing out loudly Laughing out loudly

MugundaMan wrote:
https://www.kbc.co.ke/kitengela-town-elevated-to-municipality/



KITENGELA TOWN ELEVATED TO MUNICIPALITY

Game changerApplause

When we said DC is the future 5 years ago, and that Kite is the Jewel in the Crown of DC walifikiria ni jokes tu Laughing out loudly

MugundaMan
#265 Posted : Friday, August 05, 2022 2:00:17 PM
Rank: Elder


Joined: 1/8/2018
Posts: 2,211
Location: DC (Dustbowl County)
tony stark wrote:
Congratulations 🎉🎉🎉👏🏾👏🏾👏🏾👏🏾

My brother you have arrived. Wewe na elimu musk one side!


Quote:

I thought you joined Wazua when it was stockskenya
Na utoto hujaacha?


Responding to you these days is not only very easy but also a supreme delight

Laughing out loudly Laughing out loudly Laughing out loudly
Laughing out loudly Laughing out loudly Laughing out loudly
Laughing out loudly Laughing out loudly Laughing out loudly
MugundaMan
#266 Posted : Friday, August 05, 2022 2:10:10 PM
Rank: Elder


Joined: 1/8/2018
Posts: 2,211
Location: DC (Dustbowl County)
https://www.kenyans.co.k...i-areas-breakdown-costs

Land Prices Hit Historic High in 14 Nairobi Areas; Breakdown of Costs
By GEOFFREY LUTTA on 29 July 2022 - 2:13 pm



Quote:
The growing demand and the need to own land has pushed prices in Nairobi satellite areas to a historical high. This is according to the latest report by a realtor, HassConsult.

Overall land prices during the second quarter of the year 2022, running between April to June, improved by 4.1 per cent. Limuru and Athi River were the only towns whose prices did not hit historic high over the same period.
The fourteen satellite towns that were sampled include Athi River, Juja, Kiambu, Kiserian, Kitengela, Limuru, Mlolongo, Ngong, Ongata Rongai, Ruaka, Ruiru, Syokimau, Thika, and Tigoni.

HassConsult attributed the sharp rise in prices to emerging opportunities in manufacturing, retail, logistics and investments in infrastructure.

Workers at a building under construction
Workers at a building under constructionFILE
"We have witnessed a resurgence in land activity in the satellite towns attributed to an expansion of services in the wider Nairobi area, owing to infrastructure upgrades, a growing population as well as the influx of international interests looking to create a regional base in Nairobi," HassConsult revealed.
Sakina Hassanali, Head of Development Consulting and Research at HassConsult, further noted that the prices in the Nairobi suburbs exhibited stability with a 0.17 per cent growth, with only high-end, low-density suburbs Loresho, Spring Valley and Nyari showing optimistic growth at 3.5, 3.4 and 2.1 per cent respectively.

Here is the Breakdown of the Approximate Prices Per Acre

In Athi River, the price of an acre piece of land stood at Ksh15.8 million, while in Kiambu, the price stood at Ksh42 million.

In Kiserian, an acre retailed at approximately Ksh9.8 million and Ksh14 million in Kitengela.

"In Ruiru, land acquisition cost increased from Ksh4 million to around Ksh15million. The growth also affected housing prices. There are people settling from the diaspora and want to access the area via bypass from JKIA.

"Even those in Kitengela are the same people from diaspora. That is why the prices are rising," Christine Wakanyi Head of Customer Experience at Optiven Limited, told Kenyans.co.ke.
Juja recorded a 20.91 per cent annual increase in the second quarter, with average land prices at Ksh18.5 million.

"In Q1 2022, the land was retailing at Ksh17.4 million and in Q3, 2021, it was at Ksh15.8 million. You can see the rise in land prices and various factors such as the expansion of the Eastern Bypass," Moses Muriithi, CEO of Fanaka Real Estate, reflected on the HassConsult report.

According to HassConsult, in Kitengela, the price of an acre of land stands at Ksh14.2 million, Ksh22 million in Limuru, Ksh31.9 million in Mlolongo, Ksh26.5 million in Ngong, Ksh27 million in Ongata Rongai and Ksh94 million in Ruaka.

The realtor's report further added that prices in Syokimau now stand at Ksh25 million per acre, with Tigoni and Thika going for Ksh29 million and Ksh21 million, respectively.

Upper Hill remained the most expensive Nairobi suburb, with an acre hitting Ksh494 million.



The news literally writes itself these days Laughing out loudly Laughing out loudly Laughing out loudly
MugundaMan
#267 Posted : Monday, August 08, 2022 12:38:59 PM
Rank: Elder


Joined: 1/8/2018
Posts: 2,211
Location: DC (Dustbowl County)
We said it years ago even before the Expressway had been built. It's a no brainer really. Why some keep opposing extremely basic logic is beyond us Laughing out loudly

https://www.businessdail...Dv4aYyGtxVs-27cu8UMU3Ds



Quote:

Columnists
Nairobi Expressway lift for real estate
Thursday August 04 2022
express

Motorists at the Nairobi Expressway Mlolongo Toll Station on Sunday, June 26, 2022. PHOTO | DENNIS ONSONGO | NMG

After months of disruption, road closures and diversions, the Nairobi Expressway became a reality in May 2022, adding novel features to the Nairobi city skyline.

The 27-kilometre road assures quick and easy passage from Mlolongo to Westlands in Nairobi in a quarter of the time commuters would spend previously.

Consequently, tenants and homeowners have gained the confidence to shift to less congested and quieter environs away from the city. The 10,000 people who registered to use the Expressway when it was opened is a clear indicator.

Real estate developers are working overtime to secure land for development along Mombasa Road, Athi River, Mlolongo and Lukenya. These areas still have underdeveloped land, which has caught the interest of savings and cooperative societies, (saccos), pension funds, chamas and individual investors.


For instance, looking ahead of time, the Safaricom Staff Pension Scheme (SSPS) secured land in Athi River and created Crystal Rivers, a mixed development that has changed the face of the area. The project provides modern, spacious and a secure gated community complete with an ultra-modern shopping mall.

Another key driver of interest in developments is the Athi River area is proximity to Mombasa Road, the standard gauge railway (SGR) station in Syokimau, Jomo Kenyatta International Airport (JKIA) and the Nairobi National Park.

In addition, the post-Covid-19 way of working has underscored the value of connectivity to the Internet as more and more organisations adopt the hybrid or working from home concept.

This reality has challenged Internet service providers (ISPs) to expand connectivity far and wide in response to this new world we are operating in.

This development of infrastructure is a boon to real estate developers whose selling points are access to good roads, electricity, water and other amenities. The other positive outcome is the creation of employment in the construction sector.

In 2020 the sector recorded an 11.8 percent growth from 5.6 percent in 2019, with cement consumption increasing by 20.3 percnt, according to the Kenya National Bureau of Statistics (KNBS).

Masons, plumbers, carpenters, painters, engineers, welders, project managers, architects will continue to be occupied as more peri-urban areas open up.

As the country emerges from the ashes of Covid-19, sectors such as housing and construction can support economic rejuvenation through facilitating easier access to financing for homeowners. Sacco’s and mortgage financiers have reported an increase in applications from members desiring to own homes.

The newly formed Kenya Mortgage Refinance Company (KMRC) is a game changer for low-cost housing, as the Government strives to ensure more people gain access to the affordable housing scheme.

Apart from diversification of investments, the Safaricom Staff Pension Scheme, is giving its members and Kenyans a chance to own some great real estate at a comparatively affordable price.


tony stark
#268 Posted : Thursday, August 25, 2022 12:01:46 PM
Rank: Veteran


Joined: 7/8/2008
Posts: 947
Congratulations boss!! Wewe umefika.
You have said it many many times.
Dustbowl oooyyyyeeeee!!!


MugundaMan wrote:
We said it years ago even before the Expressway had been built. It's a no brainer really. Why some keep opposing extremely basic logic is beyond us Laughing out loudly

https://www.businessdail...Dv4aYyGtxVs-27cu8UMU3Ds



Quote:

Columnists
Nairobi Expressway lift for real estate
Thursday August 04 2022
express

Motorists at the Nairobi Expressway Mlolongo Toll Station on Sunday, June 26, 2022. PHOTO | DENNIS ONSONGO | NMG

After months of disruption, road closures and diversions, the Nairobi Expressway became a reality in May 2022, adding novel features to the Nairobi city skyline.

The 27-kilometre road assures quick and easy passage from Mlolongo to Westlands in Nairobi in a quarter of the time commuters would spend previously.

Consequently, tenants and homeowners have gained the confidence to shift to less congested and quieter environs away from the city. The 10,000 people who registered to use the Expressway when it was opened is a clear indicator.

Real estate developers are working overtime to secure land for development along Mombasa Road, Athi River, Mlolongo and Lukenya. These areas still have underdeveloped land, which has caught the interest of savings and cooperative societies, (saccos), pension funds, chamas and individual investors.


For instance, looking ahead of time, the Safaricom Staff Pension Scheme (SSPS) secured land in Athi River and created Crystal Rivers, a mixed development that has changed the face of the area. The project provides modern, spacious and a secure gated community complete with an ultra-modern shopping mall.

Another key driver of interest in developments is the Athi River area is proximity to Mombasa Road, the standard gauge railway (SGR) station in Syokimau, Jomo Kenyatta International Airport (JKIA) and the Nairobi National Park.

In addition, the post-Covid-19 way of working has underscored the value of connectivity to the Internet as more and more organisations adopt the hybrid or working from home concept.

This reality has challenged Internet service providers (ISPs) to expand connectivity far and wide in response to this new world we are operating in.

This development of infrastructure is a boon to real estate developers whose selling points are access to good roads, electricity, water and other amenities. The other positive outcome is the creation of employment in the construction sector.

In 2020 the sector recorded an 11.8 percent growth from 5.6 percent in 2019, with cement consumption increasing by 20.3 percnt, according to the Kenya National Bureau of Statistics (KNBS).

Masons, plumbers, carpenters, painters, engineers, welders, project managers, architects will continue to be occupied as more peri-urban areas open up.

As the country emerges from the ashes of Covid-19, sectors such as housing and construction can support economic rejuvenation through facilitating easier access to financing for homeowners. Sacco’s and mortgage financiers have reported an increase in applications from members desiring to own homes.

The newly formed Kenya Mortgage Refinance Company (KMRC) is a game changer for low-cost housing, as the Government strives to ensure more people gain access to the affordable housing scheme.

Apart from diversification of investments, the Safaricom Staff Pension Scheme, is giving its members and Kenyans a chance to own some great real estate at a comparatively affordable price.



MugundaMan
#269 Posted : Friday, August 26, 2022 10:18:19 AM
Rank: Elder


Joined: 1/8/2018
Posts: 2,211
Location: DC (Dustbowl County)
tony stark wrote:
Congratulations boss!! Wewe umefika.
You have said it many many times.
Dustbowl oooyyyyeeeee!!!


MugundaMan wrote:

I thought you joined Wazua when it was stockskenya
Na utoto hujaacha?


Quote:
Responding to you these days is not only very easy but also a supreme delight. Haven't you learnt that Mugush is the KING of persistence?

Laughing out loudly Laughing out loudly Laughing out loudly
Laughing out loudly Laughing out loudly Laughing out loudly
Laughing out loudly Laughing out loudly Laughing out loudly


MugundaMan
#270 Posted : Friday, August 26, 2022 10:30:37 AM
Rank: Elder


Joined: 1/8/2018
Posts: 2,211
Location: DC (Dustbowl County)
https://www.kenyanews.go...tengela-bypass-resumes/

As I said..the news on DC's Jewel in the Crown (Kitengela) literally writes itself these days, and of course Bony Shark will NOT HAPPY with this Laughing out loudly

Quote:


Construction of the Kitengela bypass resumes

KNA August 2, 2022 Counties, Editor's Pick, Infrastructure, Kajiado 0

Construction at the Kitengela Bypass, commissioned for construction in March 2022 is now back on course after four months of neglect.

Speaking in Kitengela, while inspecting progress of the road, Kajiado Governor Joseph Ole Lenku said that the completion of the road will ease traffic and give the town a facelift, especially after it acquired municipality status.

“The road will ease traffic congestion in the town, which has become a menace as the population has grown and continues to grow over time,” said Lenku

He further noted that if re-elected, he will ensure that the road links with the Old Namanga road, which serves the larger Milimani area, Sifa Farm and Kitengela reserve with several private schools.

The Kajiado County Chief Executive for Roads, Public Works, Housing and Energy, Alex Kilowua revealed that several development projects in Kitengela town have been made possible through partnership with the World Bank.

“We have had high level discussions with the World Bank on how to decongest Kitengela Municipality. Once we link the Bypass with the Old Namanga road, the traffic being witnessed currently will be a thing of the past,” said Kilowua.

Kilowua noted that under the Nairobi Metropolitan Area Transport Authority (NAMATA) Programs which Kajiado is under, a modern rail station should be built for the residents in the Deliverance section as this will make their travel to Nairobi easy and fast.

Kilowua noted that this will be very effective for the residents as the Kajiado government has already tarmacked the 2.2 Kms of road connecting to the old railway station.

The tarmacking of the road comes as a relief to traders and residents who had suffered for months due to the dust and some traders had to close down their businesses.

“Finally after months of dealing with the road left unattended, we can now sigh in relief. We are grateful that the road has now been tarmacked and we can’t wait for it to be completed hoping business returns to normal,” said Mama Jayne, a trader in the area.

Another resident, Gloria Ndolo is happy that the construction of the road has resumed and is calling on the Government to also work on the Old Namanga Road, which also serves a huge population in Kitengela.

Due to the lack of a market place, traders have already occupied sections of the road, which have been completed causing chaos between pedestrians and vehicles during rush hour.

“It’s a shame that the road has just been completed and traders have now mushroomed selling goods on the road. This should be addressed immediately before its opening,” Said James Njoroge.

The upgrading of the 17 kilometers road is due to be completed by September 2022.

By Diana Meneto and Vivian Mbinya

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